The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trinity Infraventures Ltd & PACs
Awaiting price reaction for this filing.
Trinity Infraventures Ltd along with 40 Persons Acting in Concert (PACs) have reported an acquisition of 5,60,47,800 equity shares (roughly 5.6 crore shares) in Keto Motors Limited. The shares were acquired pursuant to a Scheme of Arrangement between Keto Motors Private Limited (Transferor) and Taaza International Limited (Transferee, now renamed Keto Motors Limited), as part of a Resolution Plan approved by the NCLT Hyderabad Bench on 12 June 2025. The acquirers are exempt from making an open offer under Regulations 10(1)(d)(ii) and 10(1)(da) of the SEBI SAST Regulations. Post-transaction, the promoter group's combined holding has risen to 7,04,34,472 shares, or about 92.49% of the diluted share capital, up from 63.25% (91,00,000 shares) pre-transaction. Trinity Infraventures itself now holds 4,72,47,800 shares (67.08%). A separate corrigendum dated 3 April 2026 corrects typographical errors in the PAC list: Ms. Attili Jahnavi (19,999 shares) was omitted, Mr. Konda Thomas Prabhudas's holding was corrected from 19,999 to 10,000 shares, and Mr. Bhaven Vipul Nanavati's holding was corrected to 1 share. The corrections do not change the total share count.
This is a change-of-control style acquisition under an NCLT-approved resolution plan, which lifts the promoter group's stake in Keto Motors to over 92% — sharply reducing the public free float. With such low float, the stock may see sharp price swings and very low trading liquidity going forward. Retail investors should note that the acquirer was exempt from making an open offer, so there is no mandatory exit opportunity at a fixed price.